Chico, California is preparing to regulate Bitcoin ATMs with the combined support of state legislation and local ordinances to mitigate fraud and ensure transparency. This initiative is part of broader efforts following a Californian legislative investigation that revealed some crypto ATMs charged exorbitant premiums up to 33% and had high transaction limits. Consequently, a new state bill caps daily deposits at $1,000 and mandates receipts and the disclosure of operator names for all transactions, effective July 2025. Local authorities, like those in Chico, will need to pass their own ordinances, which could face legal challenges​.